Manmohan Singh

It’s a case of economic policy ruling over political sops. The Prime Minister has stated that petrol, diesel and other fuel prices will not be reduced despite the fall in global crude prices. This bit of news has been made much against the wishes of the Oil Ministry which had recommended a cut in petrol prices. The ministry was sure that a fuel price cut would be enforced till someone else changed that decision which has led the PM to say what he has said.

By Vipin Agnihotri

Lucknow, India: Indian Prime Minister Manmohan Singh has called for a crash programme on increasing India's generation capacity. There is no doubt that poor pace of reforms in the power sector will trip overall economic growth and there is an urgent requirement to check electricity theft that is bleeding the system.